Aquisition And Adverse Possession Flashcards
How to gain property right to wild animal: 2 ways
1) the animal resides on your land (ratione soile)
2) mortal wounding or otherwise depriving it of its natural liberty (Post)
One may not [ ] interfere with another’s lawful business
Maliciously
Right to a design
One only acquires a property right over that which “embodies the fruit of their own invention.”
Encourages competition in the market and lowers prices for consumers, ensures quality.
A quasi property right may be recognized where
Effort and capital have been expended
Trover=
Replevin=
Money
Actual item
Adverse possession: elements
1) actual entry giving exclusive possession
2) open and notorious
3) adverse under a claim of right
4) continuous for statutory period
When does the the adverse possession action begin to accrue
Upon entry to the land
When does an adverse possession of a chattel action accrue
Upon expiration of the statute of limitations, complying with the discovery rule
1) actual entry giving exclusive possession
Physical presence upon the land. Don’t share it with anyone and make effort to keep others off
Open and notorious
Not secret. Possession is of such a nature that the true owner knew or should have known that the adverse possessor was there
Adverse under a claim of right
Without consent. Intent to hold property as own and to make use of it as the true owner would.
Continuous for statutory period
Uninterrupted possession for the required time. Need not be all the time, but occupied as the true owner would
Effect of return of true owner
If the true owner returns to the property, even when unaware of the possession, the statutory period resets
Color of title
A defective deed or written instrument upon which the claim to the land is based. Advantageous for adverse possessor
Advantage of color of title
Physical occupation of part of the land confers right to the whole described in instrument